From January to July Kunshan exported 570 million U.S. power tools

According to recent statistics, from January to July this year, Kunshan's electric tool exports reached 4,439 batches, marking a slight increase of 3.3% compared to the same period last year. Meanwhile, the total export value surged to $570 million, representing a more significant growth of 10.4% year-on-year. After facing a challenging period in 2012 when exports slowed down, the industry has shown a steady recovery this year, signaling a positive trend for the local manufacturing sector. Kunshan's electric tool exports include a wide range of products such as electric drills, planers, saws, hammers, sanders, and cutting machines. These goods are shipped to over 50 countries and regions, including Finland, the United States, Australia, and Japan. The European Union remains the largest market for Kunshan's power tools, accounting for more than 60% of total exports. Despite ongoing challenges like the European debt crisis and global economic uncertainty, Kunshan's export companies have adapted well. Facing pressure from the appreciation of the Chinese yuan, they have taken proactive steps to strengthen their competitiveness. On one hand, they've focused on product innovation, raising quality standards to meet high-end professional demands and increasing the value of their offerings. On the other hand, they've diversified their markets by exploring emerging economies, avoiding over-reliance on a single region. This dual strategy has helped drive a stable rebound in power tool exports, showing resilience and adaptability in a competitive global market.

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